FINANCIAL MARKETS TODAY –05 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦227.13 billion, compared with ₦222.31 billion, recorded yesterday. Nonetheless, the Open Repo Rate (OPR) increased by 122bps to 2.80%, while the Overnight Rate (O/N) expanded by 15bps…
FINANCIAL MARKETS TODAY –04 September 2023
FIXED INCOME MARKETS Money Market Opening system liquidity settled at ₦222.31 billion, compared with ₦353.60 billion, recorded last Friday. Thus, the Open Repo Rate (OPR) increased by 9bps to 1.58%, while the Overnight Rate (O/N) expanded by 17bps to…
FINANCIAL MARKETS TODAY –31 August 2023
FIXED INCOME MARKETS Money Market Opening system liquidity fell to ₦268.61 billion, compared with ₦640.08 billion, recorded yesterday. This was due to the LDR shortfall statutory debits and CBN’s FX intervention, As a result, the Open Repo Rate…
FINANCIAL MARKETS TODAY –30 August 2023
FIXED INCOME MARKETS Money Market Opening system liquidity improved to ₦640.08 billion, compared with ₦339.72 billion, recorded yesterday. As a result, the Open Repo Rate (OPR) increased by 8bps to 2.58%, while the Overnight Rate (O/N) declined by 10bps…
FINANCIAL MARKETS TODAY –04 October 2023
FIXED INCOME MARKETS Money Market Following some statutory CRR deductions, the opening system liquidity declined by 55.62% to ₦572.69 billion from ₦1.29 trillion yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) fell by 110bps…
FINANCIAL MARKETS TODAY –04 October 2023
FIXED INCOME MARKETS Money Market Opening system liquidity ballooned to ₦1.29 trillion today, up by 56.78% from ₦823.07 billion yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 130bps and 155bps to 2.30% and 3.00%,…
FINANCIAL MARKETS TODAY –29 August 2023
FIXED INCOME MARKETS Money Market Opening system liquidity improved to ₦339.72 billion, compared with -₦260.79 billion, recorded yesterday, bolstered by FAAC credits. As a result, the Open Repo Rate (OPR) fell by 2067bps to 2.50%, while the Overnight…
FINANCIAL MARKETS TODAY –17 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity improved to ₦177.47 billion long, compared to ₦33.55 billion recorded yesterday. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 236bps and 176bps to 21.42% and…
FINANCIAL MARKETS TODAY –16 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦33.55 billion long, compared to ₦191.21 billion recorded yesterday, due to the FGN bond auction settlement that took place today. Consequently, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS TODAY –15 August 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦193.20 billion long, depicting 35.23% compared to the value recorded yesterday. Consequently, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 230bps and 160bps…
